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WAV, Inc., a value-added-distributor (VAD) of wireless, security, RFID, VoIP and portable data-collection equipment, announced that it has entered into a distribution agreement with Durham, NC-based GigaBeam Corporation (OTCBB:GGBM.OB), to add WiFiber® to its distribution portfolio of "last mile" solutions.

GigaBeam's WiFiber® technology enables point-to point wireless communications using very high radio frequencies (at 71-76 and 81-86 GHz) for multigigabit-per-second transmission of data, voice and video, enabling implementation of "Triple Play" services including HDTV.

GigaBeam complements WAV's product and service offerings for last mile applications, including local loop, central office bypass, local area networks, metro area networks and wide area network access.

"Our VAR and solution provider customers are deploying last mile and backhauling solutions to enterprise, telco and campus environments. GigaBeam's high-speed wireless point-to-point links are a perfect fit for their business models," said Norm Dumbroff, president and CEO of WAV, Inc. "We're excited to continue to offer our solution providers, VAR customers and the wireless VAR community another great technology as well as our full portfolio of value-added services."

GigaBeam President and CEO S. Jay Lawrence said, "The WAV distribution relationship is a key component of our overall business strategy as it provides us with access to a distribution channel for our current and planned products throughout North America. We were pleased to enter this agreement with WAV and to have received an initial order from the company."

About GigaBeam Corporation:
GigaBeam is a provider of fixed wireless communication equipment and is the market and technology leader in the upper millimeter wave communication bands from 71GHz to 86GHz. GigaBeam's products utilize spectrum that is immune to interference or interception, can be very densely deployed, and have inexpensive licensing to offer users protection. Gigabeam's product portfolio currently has products at 100Mbps (Fast Ethernet) and 1,000Mbps (Gigabit Ethernet) and coming soon will be an expanded portfolio of products from 10Mbps to 10,000Mbps. These products are point-to-point, line-of-sight and can offer ultra broadband high-speeds for core network applications and lower speed and economical edge/access offerings. GigaBeam products have been deployed in over 20 countries worldwide. Current GigaBeam users include many enterprise customers and cities globally, universities, banks, The Department of Defense, and multiple other international government agencies. To learn more about GigaBeam's revolutionary wireless technology, please visit http://www.gigabeam.com

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